Commodity Manager jobs
Procurement is a huge part of any manufacturing operation’s expenditure, so any efforts that can be made to reduce the cost of procurement has be worth using. The commodity manager will be in charge of this effort, and will be required to meet or exceed targets set by head office with regard to minimising procurement costs and thereby maximising profitability.
The commodity manager has several strands to his or her job. First, they will try to seek out good deal by keeping fully abreast of the industry in which they operate, paying special attention to the activities of potential suppliers. Second, they will compile lists of potential target suppliers and invite them to tender deals. Third, they will enter preliminary negotiations with the most promising candidates, after which they will start to focus in on the favourite with a view to negotiating a final contract.
Good contract managers will have not only their own company’s interests at heart but also those of the supplier, however. While keeping clients happy is unquestionably good practice, it’s very easy to alienate and de-motivate suppliers by driving too hard a bargain, and if this backfires, the company’s lifeblood could be temporarily removed.
That’s why the job of the commodity manager is as much a partner as that of a client. Forming good relationships will lead to better contracts in future, and that all contributes to a company’s profitability.
The skills required
Commodity managers should have a superb ability to analyse various deals as they come in from potential suppliers, in order to determine which ones represent the best value in the short-term as well as the long-term. They should also be good negotiators, able to appreciate both sides of a deal and the desires and ambitions of suppliers just as much as those of his or her own employer.
Communication is key to all of these skills, and is therefore probably the overarching ability for the role. Good deals communicated badly can be rejected out of hand, but there’s also the communication within the company’s walls to get right. It’s vital that the facts and figures are delivered accurately to those who ultimately have to make the decisions. Communication is a key asset in diplomacy and negotiation, which are key parts of the job.
A good understanding of the specific markets in which the employer operates would be a distinct advantage, particularly if it has been gained in the procurement environment.
Cast UK’s procurement opportunities
At any given time, Cast UK have jobs all over the UK, so wherever you live, or plan to live, we are well placed to find work that suits your skills.
We were founded by specialists in the logistics, supply chain and procurement trade, and our consultants are also drawn from these backgrounds, so we know what employers and candidates are looking for. In fact, employers often approach us to find managerial and executive candidates, so if you’re in procurement, we’d be delighted to hear from you.
So whether you’re relocating for personal reasons or are simply looking for more job fulfilment, there could well be an employer who’s looking for the skills you have. Please get in touch today!
To find out more about how Cast UK can help you recruit a Commodity Manager for your business or find you a job as a Commodity Manager then contact one of our consultant team on 0333 121 3345.
Commodity Manager Jobs in Buckinghamshire
One of the London Home Counties, Buckinghamshire also shares a border with Berkshire, Oxfordshire, Bedfordshire, Hertfordshire and Northamptonshire. It's a popular choice for those seeking Commodity Manager vacancies and offers a wealth of opportunities - for those who wish to live and work in the area, or commute to the capital.
During the industrial revolution, the region was known for its lace making and it's said that Queen Victoria used the delicate material for her pillows. After the arrival of the railway, furniture and paper production both took off in Buckinghamshire and heavy industry like the manufacture of train carriages was also big business.
Indeed, the 19th century was extremely lucrative for Buckinghamshire, and evidence of this can still be seen today in the many beautiful Victorian buildings that are spread across the county.
These days, Buckinghamshire's economy is mainly based in the service sector and studies have shown that it's one of the best places to live in the UK, with one of the highest life expectancies and some of the best school results in the country.
The region is still used for a lot of agricultural production, while furniture manufacture and pharmaceuticals are also major sources of employment.
What's more, the world-famous Pinewood Studios are located in Buckinghamshire. This studio has been the location of filming for a variety of big-name productions, including several James Bond films, the Superman franchise, Batman Returns and scenes from Peter Jackson's The Hobbit.
